The average U.S. rate on the 15-year fixed mortgage fell to a new record low last week, and the rate on the 30-year fixed loan declined. Cheaper mortgages have encouraged more home-buying and... Read more »
U.S. worker productivity barely grew from January through March after shrinking in the final three months of 2012. Weak productivity growth could prompt employers to hire more if consumers and... Read more »
The U.S. trade deficit narrowed in March for a second month as the daily flow of imported crude oil dropped to the lowest level in 17 years. The deficit with China hit a three-year low. Read more »
The number of Americans seeking unemployment aid fell last week to seasonally adjusted 324,000, the lowest since January 2008. The drop points to fewer layoffs and possibly more hiring. Read more »
President Barack Obama on Thursday will nominate a longtime fundraiser to run the Commerce Department and a top economic adviser as the next U.S. Trade Representative, a White House official said. Read more »
Concerns over the state of the U.S. and China economies, the world's two biggest, weighed on markets Thursday despite widespread expectations that the European Central Bank will cut interest rates... Read more »
A decade ago, large investors in so-called clean technology had a straightforward goal: finance companies that would help eliminate the world's dependence on oil, natural gas and coal. Read more »
The Federal Reserve on Wednesday stood by its extraordinary efforts to stimulate the economy because unemployment remains high at 7.6 percent. The Fed said the economy and job market have been... Read more »
Workers around the world united in anger during May Day rallies Wednesday — from fury in Europe over years of austerity measures that have cut wages, reduced benefits and eliminated many jobs... Read more »
Ford, GM, Chrysler and Nissan all reported double-digit U.S. sales increases last month, signaling the best April for car and truck sales in six years. Read more »
U.S. factory activity expanded at a slower pace in April compared with March as manufacturers pulled back sharply on hiring and cut their stockpiles. Read more »
Spending on U.S. construction projects fell in March as the biggest drop in government projects in more than a decade overwhelmed strength in home building. Read more »
A private survey shows U.S. companies added just 119,000 jobs in April, the fewest in seven months. Read more »
The Treasury Department says it could begin decreasing the size of some of its debt auctions in coming months based on an improving deficit situation that will allow it to pay back some of the... Read more »
Comcast Corp., the nation's largest cable company and owner of NBCUniversal, on Wednesday said its net income rose 17 percent in the latest quarter, powered by continued strong results from its... Read more »
First lady Michelle Obama announced Tuesday that companies participating in a program to help veterans find work have hired or trained 290,000 veterans and military spouses since August 2011,... Read more »
The first draft was as mind-numbing and complex as tax forms. Now the Obama administration is unveiling a simplified application for health insurance benefits under the federal health care overhaul. Read more »
With about 1 million members of the military expected to become civilians over the next five years, First Lady Michelle Obama and Jill Biden are calling on the private sector to step up its hiring... Read more »
Americans' confidence in the economy jumped this month, helped by a better outlook for the job market and expectations for higher pay. Read more »
Americans' wages increased at a faster rate from January through March than the previous quarter, a trend that helped boost economic growth. But their benefits barely grew. Read more »
U.S. home prices rose 9.3 percent in February compared with a year ago, the most in nearly seven years. The gains were driven by a growing number of buyers who bid on a limited supply of homes. Read more »
Mexico is ending the widespread access it gave to U.S. security agencies in the name of fighting drug trafficking and organized crime as the country's new government seeks to change its focus from... Read more »
Presidents like to take credit for economic recoveries, just as President Barack Obama is angling to do now. Read more »
Chrysler's first-quarter profit tumbled 65 percent as shipments of cars and trucks fell while it prepared factories to launch several key new vehicles. Read more »
This year got off to a sour start for U.S. workers: Their pay, already gasping to keep pace with inflation, was suddenly shrunk by a Social Security tax increase. Read more »
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